In September 2014, the Victorian Government amended the Transfer of Land Amendment Act 2014 to require mortgagees/lenders to take positive steps to verify the identity of mortgagors/borrowers and their authority to deal with the land being mortgaged (see here for details).
A reader last night informed us that on 30 September, the Victorian Government announced the introduction of verification of identity (VOI) requirements for all paper based conveyancing transactions in Victoria, which came into effect on 9 November 2015.
